Question
Solution
The new equilibrium income is Y*=1115/1.4=796.4 The change in equilibrium income is less than the shift of the IS curve. This is because of the crowding out effect of investment: rising interest rate reduces the investment and hence reduces the aggregate income.
Section 25 of the Code of Civil Procedure. 1908 deals with________.
As per the Delhi Special Police Establishment Act the Central Government shall appoint the Director on the recommendation of the Committee not consistin...
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